Restaurant Brands International Inc. (NYSE:QSR) Given Average Rating of “Hold” by Analysts

Restaurant Brands International Inc. (NYSE:QSR) (TSE:QSR) has earned an average rating of “Hold” from the twenty-three research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, ten have assigned a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $75.65.

Several research firms recently issued reports on QSR. Stifel Nicolaus dropped their target price on shares of Restaurant Brands International from $72.00 to $68.00 and set a “hold” rating on the stock in a report on Friday, January 10th. Guggenheim lifted their target price on Restaurant Brands International from $71.00 to $77.00 and gave the stock a “buy” rating in a report on Friday, April 4th. Truist Financial reduced their price objective on shares of Restaurant Brands International from $83.00 to $78.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. Citigroup dropped their target price on shares of Restaurant Brands International from $67.00 to $66.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 16th. Finally, TD Securities restated a “hold” rating and issued a $70.00 price target on shares of Restaurant Brands International in a report on Tuesday, February 25th.

Insider Activity at Restaurant Brands International

In other Restaurant Brands International news, CFO Sami A. Siddiqui sold 12,500 shares of Restaurant Brands International stock in a transaction dated Wednesday, March 19th. The stock was sold at an average price of $68.12, for a total transaction of $851,500.00. Following the completion of the transaction, the chief financial officer now owns 235,228 shares of the company’s stock, valued at $16,023,731.36. The trade was a 5.05 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Duncan Fulton sold 27,500 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of $64.66, for a total value of $1,778,150.00. Following the sale, the insider now owns 34,822 shares in the company, valued at approximately $2,251,590.52. This represents a 44.13 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 278,716 shares of company stock worth $17,740,281. Company insiders own 1.36% of the company’s stock.

Hedge Funds Weigh In On Restaurant Brands International

A number of institutional investors have recently added to or reduced their stakes in QSR. Capital World Investors increased its position in shares of Restaurant Brands International by 2.0% during the 4th quarter. Capital World Investors now owns 43,418,188 shares of the restaurant operator’s stock valued at $2,829,974,000 after purchasing an additional 841,167 shares during the last quarter. Vanguard Group Inc. increased its stake in shares of Restaurant Brands International by 7.6% during the first quarter. Vanguard Group Inc. now owns 14,169,061 shares of the restaurant operator’s stock valued at $944,538,000 after buying an additional 1,003,563 shares during the period. EdgePoint Investment Group Inc. raised its holdings in Restaurant Brands International by 26.6% in the 4th quarter. EdgePoint Investment Group Inc. now owns 12,819,570 shares of the restaurant operator’s stock worth $834,478,000 after purchasing an additional 2,695,071 shares in the last quarter. Goldman Sachs Group Inc. lifted its stake in shares of Restaurant Brands International by 0.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 8,108,527 shares of the restaurant operator’s stock valued at $540,352,000 after purchasing an additional 47,192 shares during the period. Finally, Mackenzie Financial Corp grew its position in shares of Restaurant Brands International by 17.1% in the 1st quarter. Mackenzie Financial Corp now owns 4,912,807 shares of the restaurant operator’s stock worth $327,486,000 after buying an additional 717,867 shares during the period. 82.29% of the stock is currently owned by institutional investors.

Restaurant Brands International Trading Down 0.5 %

Shares of NYSE QSR opened at $67.19 on Friday. The stock has a market cap of $22.01 billion, a P/E ratio of 21.13, a price-to-earnings-growth ratio of 1.77 and a beta of 0.60. The firm has a 50 day moving average price of $65.28 and a two-hundred day moving average price of $65.81. The company has a debt-to-equity ratio of 2.75, a quick ratio of 0.94 and a current ratio of 1.02. Restaurant Brands International has a 52-week low of $58.71 and a 52-week high of $75.07.

Restaurant Brands International (NYSE:QSR) (TSE:QSR) last released its quarterly earnings results on Thursday, May 8th. The restaurant operator reported $0.75 EPS for the quarter, missing analysts’ consensus estimates of $0.78 by ($0.03). The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2.17 billion. Restaurant Brands International had a net margin of 12.15% and a return on equity of 28.53%. The company’s quarterly revenue was up 21.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.73 EPS. As a group, equities analysts forecast that Restaurant Brands International will post 3.72 EPS for the current year.

Restaurant Brands International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 8th. Stockholders of record on Tuesday, June 24th will be paid a dividend of $0.62 per share. The ex-dividend date of this dividend is Tuesday, June 24th. This represents a $2.48 annualized dividend and a dividend yield of 3.69%. Restaurant Brands International’s payout ratio is 77.99%.

Restaurant Brands International Company Profile

Restaurant Brands International Inc operates as a quick-service restaurant company in Canada, the United States, and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and other food products.